Can I retire at age 52 with 713,000?

Use the below retirement simulation to view the chances of a successful retirement.
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $713,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$58,879$58,354$57,843$57,343$56,856$54,730
2 years$29,148$28,605$28,079$27,569$27,074$24,956
3 years$19,239$18,694$18,169$17,664$17,177$15,134
4 years$14,285$13,742$13,222$12,726$12,251$10,299
5 years$11,314$10,774$10,261$9,775$9,313$7,457
6 years$9,334$8,798$8,292$7,817$7,369$5,610
7 years$7,920$7,388$6,891$6,427$5,993$4,330
8 years$6,860$6,333$5,844$5,391$4,972$3,404
9 years$6,036$5,514$5,034$4,592$4,187$2,712
10 years$5,377$4,860$4,388$3,958$3,567$2,182
11 years$4,839$4,327$3,863$3,445$3,068$1,770
12 years$4,390$3,884$3,429$3,022$2,659$1,445
13 years$4,011$3,510$3,063$2,668$2,318$1,185
14 years$3,686$3,190$2,752$2,368$2,032$975
15 years$3,405$2,914$2,485$2,112$1,789$806
16 years$3,159$2,674$2,253$1,891$1,582$667
17 years$2,942$2,462$2,050$1,699$1,402$553
18 years$2,750$2,275$1,872$1,531$1,247$460
19 years$2,578$2,109$1,713$1,384$1,111$383
20 years$2,423$1,960$1,572$1,253$993$319
21 years$2,284$1,825$1,446$1,137$888$266
22 years$2,157$1,704$1,333$1,034$796$222
23 years$2,041$1,594$1,231$942$715$186
24 years$1,935$1,493$1,138$859$642$155
25 years$1,838$1,401$1,054$784$578$130
26 years$1,749$1,317$978$717$521$109
27 years$1,666$1,239$908$656$469$91
28 years$1,589$1,168$844$601$424$76
29 years$1,518$1,102$785$552$383$64
30 years$1,451$1,040$732$506$346$53
31 years$1,389$984$682$465$312$45
32 years$1,331$931$636$427$283$37
33 years$1,277$881$594$393$256$31
34 years$1,226$835$555$361$232$26
35 years$1,178$792$519$333$210$22
36 years$1,132$752$486$306$190$18
37 years$1,090$714$454$282$172$15
38 years$1,049$679$426$260$156$13
39 years$1,011$645$399$240$142$11
40 years$975$614$374$221$128$9
41 years$940$585$350$204$117$8
42 years$908$557$329$188$106$6
43 years$877$530$308$174$96$5
44 years$847$506$290$161$87$4
45 years$819$482$272$148$79$4
46 years$792$460$255$137$72$3
47 years$766$439$240$127$65$3
48 years$742$419$225$117$59$2
49 years$719$400$212$108$54$2
50 years$696$382$199$100$49$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $713,000, adding $4,821 every year, while hoping to spend $27,053 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 81/7/12 Blend
51$713,000$713,000$713,000$713,000
52$790,699$752,910$741,858$852,637
53$842,566$761,018$737,926$902,083
54$898,817$768,617$732,956$952,317
55$959,870$775,653$726,884$1,006,662
56$1,026,186$782,070$719,644$1,065,517
57$1,098,271$787,805$711,166$1,129,321
58$1,176,682$792,795$701,377$1,198,557
59$1,262,032$796,971$690,202$1,273,759
60$1,354,996$800,259$677,561$1,355,512
61$1,456,316$802,582$663,369$1,444,464
62$1,566,808$803,856$647,540$1,541,327
63$1,687,372$803,995$629,982$1,646,885
64$1,818,997$802,903$610,599$1,762,004
65$1,962,772$800,483$589,292$1,887,635
66$2,119,897$796,629$565,956$2,024,829
67$2,291,692$791,229$540,480$2,174,743
68$2,479,610$784,165$512,752$2,338,651
69$2,685,252$775,311$482,651$2,517,958
70$2,910,380$764,533$450,052$2,714,211
71$3,156,935$751,692$414,825$2,929,118
72$3,427,055$736,636$376,833$3,164,557
73$3,723,091$719,209$335,935$3,422,601
74$4,047,638$699,241$291,980$3,705,532
75$4,403,549$676,556$244,813$4,015,867
76$4,793,969$650,966$194,273$4,356,378
77$5,222,362$622,271$140,189$4,730,122
78$5,692,543$590,262$82,385$5,140,467
79$6,208,713$554,715$20,675$5,591,125
80$6,775,501$515,396$0$6,086,186
81$7,398,007$472,055$0$6,635,943
82$8,081,848$424,430$0$7,242,783
83$8,833,212$372,243$0$7,909,558
84$9,658,916$315,199$0$8,642,331
85$10,566,471$252,989$0$9,447,784
86$11,564,149$185,284$0$10,333,277
87$12,661,068$111,739$0$11,306,923
88$13,867,270$31,987$0$12,377,658
89$15,193,820$0$0$13,555,332
90$16,652,909$0$0$14,854,983
91$18,257,969$0$0$16,287,384
92$20,023,798$0$0$17,863,282
93$21,966,702$0$0$19,597,231
94$24,104,648$0$0$21,505,267
95$26,457,430$0$0$23,605,061
96$29,046,861$0$0$25,916,080
97$31,896,973$0$0$28,459,778
98$35,034,247$0$0$31,259,791
99$38,487,863$0$0$34,342,164
100$42,289,971$0$0$37,735,596